It’s no surprise that another UK consumer confidence indicator (released Monday) was negative and the outlook for Christmas spending's weak as prices rise. But at least it wasn't as bleak as Friday's assessment by GfK.
Two pieces of good news for Monday. Consumers are now the most eager they’ve been to spend in 13 years, and consumer confidence is at its strongest since the end of 2019. That’s according to PwC and Deloitte surveys.
Stefano Della Valle, COO of CGE, has been appointed CEO of the Central Group’s subsidiary that runs its European department stores (Rinascente, The Kadewe Group, Magazine Zum Globus and Illum) and its property portfolio.